Haynes International Inc

NASDAQ HAYN

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Haynes International Inc Cash Dividend Coverage Ratio 2 year CAGR for the quarter ending March 31, 2024

Haynes International Inc Cash Dividend Coverage Ratio 2 year CAGR is NA for the quarter ending March 31, 2024. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Haynes International Inc Cash Dividend Coverage Ratio for the quarter ending March 31, 2023 was -4.50, a 3.75% change year over year.
  • Haynes International Inc Cash Dividend Coverage Ratio for the quarter ending March 31, 2022 was -4.67, a -203.61% change year over year.
  • Haynes International Inc Cash Dividend Coverage Ratio for the quarter ending March 31, 2021 was 4.51, a 300.36% change year over year.
  • Haynes International Inc Cash Dividend Coverage Ratio for the quarter ending March 31, 2020 was -2.25, a -224.94% change year over year.
NASDAQ: HAYN

Haynes International Inc

CEO Mr. Michael L. Shor
IPO Date March 21, 2007
Location United States
Headquarters 1020 West Park Avenue, Kokomo, IN, United States, 46904
Employees 1,248
Sector Industrials
Industry Metal fabrication
Description

Haynes International, Inc. develops, manufactures, markets, and distributes nickel and cobalt-based alloys in sheet, coil, and plate forms in the United States, Europe, China, and internationally. The company offers high-temperature resistant alloys used by manufacturers of equipment, including jet engines for the aerospace market, gas turbine engines for power generation, and industrial heating equipment. It also provides corrosion-resistant alloys used in various applications, including chemical processing, power plant emissions control, and hazardous waste treatment. In addition, its products also have applications in flue-gas desulfurization, oil and gas, waste incineration, industrial heat treating, automotive, thermocouples, sensors and instrumentation, biopharmaceuticals, solar, and nuclear fuel. Further, the company produces its products in various forms, such as seamless and welded tubulars, slab, bar, billet, and wire. Additionally, it sells its products primarily through direct sales organizations, and network of independent distributors and sales agents. Haynes International, Inc. was founded in 1912 and is headquartered in Kokomo, Indiana.

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StockViz Staff

September 20, 2024

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